KoBold Metals is a mineral exploration and development company focused on locating critical minerals using advanced technology. The company integrates novel sensor hardware, centralized data systems, and predictive AI models with geological expertise to improve discovery rates. This scientific approach aims to make the process of finding essential resources more reliable and efficient for future economies.
Funding
$940.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
DCTRFounders
Product
Problem
The increasing demand for electric vehicles and renewable energy sources requires a reliable and sustainable supply of critical materials. Traditional mineral exploration methods often lack the precision and efficiency needed to identify and extract these resources effectively, leading to potential supply bottlenecks.
Solution
KoBold Metals employs artificial intelligence (AI) and high-intensity data aggregation to revolutionize mineral exploration for critical materials essential for electric vehicles and renewable energy. The company invests in a large portfolio of global projects, systematically identifying and modeling subsurface mineral deposits using proprietary AI tools. These tools leverage a concept called Efficacy of Information (EOI) to determine the optimal data collection strategy at each exploration step, maximizing uncertainty reduction and improving the efficiency of resource discovery. By integrating geoscience expertise, comprehensive data aggregation, and advanced AI, KoBold aims to transform mineral exploration into a repeatable science.
Target Audience
KoBold Metals targets investors and exploration partners interested in securing a sustainable supply of critical materials for the electric vehicle and renewable energy sectors.
Features
- Proprietary AI tools utilizing Efficacy of Information (EOI) to optimize data collection and maximize uncertainty reduction
- Comprehensive data aggregation of geological, geophysical, and geochemical information
- Advanced subsurface modeling techniques to identify and assess mineral deposit potential
- Portfolio of 60+ global exploration projects focused on critical materials for batteries and renewable energy
- Multidisciplinary approach integrating geoscience, data science, and artificial intelligence